Amendment of regulation 129

39.  In regulation 129 (Meaning of “ annualised final pay”)—

(a) in paragraph (1), for “during” substitute “payable in respect of”;

(b) for paragraph (3), substitute—

“(3) In this regulation—

(a) if the member is a transition member with continuity of service, “pensionable earnings” in respect of any period includes the member’s pensionable earnings under the PCSPS(NI) before the transition date for that member; and

(b) in respect of a period of assumed pay, “pensionable earnings” means the member’s assumed pay.”.